18.6 C
South Africa
Thursday, April 15, 2021

WEF 2020 – Dr Iqbal Survé and Sekunjalo pledge support for the Africa Growth...

CAPE TOWN - At a high-profile meeting at the World Economic Forum (WEF) in Davos on Wednesday morning, attended by a number of African...

MTN expects earnings to bounce back 20% after Nigerian losses

JOHANNESBURG, January 29 (ANA) - South African telecommunications giant, MTN said on Monday that it expected an improvement of at least 20 percent in...

South Africa’s African Oxygen profit rises on LPG, gases boost

JOHANNESBURG - South African industrial gas supplier African Oxygen (Afrox) reported a 10 percent increase in half-year profit on Monday boosted by volume growth...

SA’s economic growth faces risks from public debt, state firm bailouts – IMF

JOHANNESBURG (Reuters) - The International Monetary Fund on Monday kept South Africa's economic growth forecast for 2018 unchanged at 1.5 percent but warned that...

Kenya lawmaker targets foreign firms, decries China “invasion”

NAIROBI - A lawmaker from Kenya's ruling party has proposed limiting foreign involvement in public contracts after what he said was an outcry about...

Weise resigns as chairman of Steinhoff due to conflict of interest

Ayanda Mdluli JOHANNESBURG- Christo Wiese, Chairman of the board and interim CEO of embattled Steinhoff has tendered his resignation further raising speculation on accountability at...

Free trade deal a game-changer for Africa

South Africa has joined more than 50 African states in signing the African Continental Free Trade Area (AfCTFA) agreement, which is aimed at facilitating...

Central bank cuts benchmark repurchase rate as expected

JOHANNESBURG, March 28 - South Africa's Reserve Bank cut its benchmark repurchase rate, at which it lends to commercial banks, by 25 basis points...

Amazon reports 1.7 million pound UK tax bill due to share deductions

LONDON - The main UK subsidiary of Amazon.com Inc had a tax bill of 1.7 million pounds ($2.21 million) on profits of 72.4 million...

BRICS countries to further engage on establishing own credit rating agency

DURBAN, July 23 - BRICS countries announced on Monday that they have moved one step closer to establishing a new credit rating company in an...

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